Japan's economic growth revised to 2.2 pct in Q1

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Added On June 11, 2019

The Japanese government says in a report that the country’s economic growth in the first quarter of 2019 was upwardly revised.

 
Economy Report has more.
 
According to the Cabinet Office, the economy grew an annualized real 2.2 percent in the first quarter of 2019.
 
According to the government's initial figures, this compares to a preliminary 2.1 percent expansion.
 
The Cabinet Office says that the upward revision was due to solid capital expenditure.
 
In terms of real gross domestic product, which is the total value of goods and services produced in the country adjusted for inflation, the growth of Japan’s economy translates to a 0.6 percent increase from the previous quarter.